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Friday, April 18, 2008

Real Goods Solar Sets IPO Terms

Broomfield, Colorado-based Real Goods Solar, a solar energy integrator, said in a filing with the SEC Thursday that it expects its initial offering price for the firm's IPO on the Nasdaq at between $10.00 and $12.00 per share. The firm, which is looking to trade as "RSOL," is looking to raise up to $69M in its IPO. The IPO is being underwritten by ThinkPanmure LLC, Canaccord Adams, and Broadpoint. Real Goods Solar provides design, procurement, and installation of solar power (PV) systems.